OMC Financial Services LTD Purchases Shares of 41,782 Realty Income Corporation $O

OMC Financial Services LTD purchased a new stake in shares of Realty Income Corporation (NYSE:O) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 41,782 shares of the real estate investment trust’s stock, valued at approximately $2,589,000.

Several other large investors have also made changes to their positions in O. EFG International AG purchased a new stake in shares of Realty Income during the fourth quarter worth about $26,000. Evolution Wealth Management Inc. lifted its holdings in Realty Income by 257.1% in the 4th quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 360 shares in the last quarter. Quattro Advisors LLC purchased a new position in Realty Income in the 4th quarter worth approximately $29,000. Sankala Group LLC bought a new position in Realty Income in the 4th quarter worth approximately $32,000. Finally, Costello Asset Management INC bought a new position in Realty Income in the 4th quarter worth approximately $37,000. 70.81% of the stock is currently owned by hedge funds and other institutional investors.

Realty Income Price Performance

Shares of Realty Income stock opened at $62.75 on Monday. The firm has a market cap of $59.38 billion, a PE ratio of 45.80, a PEG ratio of 4.46 and a beta of 0.71. The stock has a 50 day moving average of $63.07 and a 200 day moving average of $63.10. The company has a current ratio of 5.88, a quick ratio of 5.88 and a debt-to-equity ratio of 0.73. Realty Income Corporation has a 12 month low of $55.86 and a 12 month high of $67.93.

Realty Income (NYSE:O) last issued its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.09. The business had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.40 billion. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The company’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. On average, research analysts expect that Realty Income Corporation will post 4.43 EPS for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 31st were given a $0.271 dividend. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date was Friday, July 31st. Realty Income’s payout ratio is currently 237.23%.

Analysts Set New Price Targets

O has been the topic of several recent analyst reports. Morgan Stanley set a $67.00 price objective on shares of Realty Income in a research report on Monday, April 27th. Robert W. Baird upped their target price on shares of Realty Income from $64.00 to $65.00 and gave the stock a “neutral” rating in a research report on Monday, July 6th. Evercore set a $68.00 target price on shares of Realty Income in a research report on Friday, August 7th. Wells Fargo & Company raised their target price on shares of Realty Income from $64.00 to $65.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 15th. Finally, Barclays reduced their price target on shares of Realty Income from $68.00 to $67.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $67.42.

Realty Income Company Profile

Realty Income Corporation (NYSE: O) is a real estate investment trust (REIT) that acquires, owns and manages commercial properties subject primarily to long-term net lease agreements. The company’s business model focuses on generating predictable, contractual rental income by leasing properties to tenants under agreements that typically place responsibility for taxes, insurance and maintenance on the tenant. Realty Income is publicly traded on the New York Stock Exchange and markets itself as a reliable income-oriented REIT.

Realty Income’s portfolio is concentrated in single-tenant, retail and service-oriented properties such as drugstores, convenience stores, dollar and discount retailers, restaurants, and other essential-service businesses.